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Boston has been feeling the impact of rising foreclosures and abandoned homes. Now they want the owners to pay: [Thanks L!] City officials are lining up an arsenal of new tax penalties and stronger regulations to help rid the Hub of the abandoned and foreclosed properties that are blighting neighborhoods as a result of the …

Apparently even the rich and famous are calling their lenders to work out new terms to avoid foreclosure. At least Michael Jackson is: Pop star Michael Jackson will avoid foreclosure on his Neverland Ranch property with a new loan, a Jackson insider told CNN Wednesday. Documents show that Neverland Ranch in Los Olivos, California, is …